HDB Financial Services IPO Day 1: Check GMP, Subscription Status & Key Highlights
The public subscription window for the HDB Financial Services IPO is open today, June 25, and will conclude on June 27. Ahead of IPO opening, the company has raised ₹3,369 crore from anchor investors.
The company has reserved a portion for the shareholder category
HDB Financial Services IPO: Issue Details
HDB Financial Services IPO is a book-building issue of ₹12,500 crores, consisting of a fresh issue of ₹2,500 crores and an offer for sale (OFS) of ₹10,000 crores worth of shares from HDFC Bank.
The price band is set between ₹700 and ₹740 per share. The basis of allotment will be finalised by June 30, 2025, and the tentative listing date on BSE and NSE is July 2, 2025.
The book-running lead managers for the IPO are JM Financial Limited, BNP Paribas, Bofa Securities India Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities & Capital Markets Pvt Ltd, IIFL Capital Services Limited, Jefferies India Private Limited, Morgan Stanley India Company Pvt Ltd, Motilal Oswal Investment Advisors Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, Nuvama Wealth Management Limited, UBS Securities India Private Limited.
MUFG Intime India Private Limited is the registrar for the HDB Financial Services IPO.
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HDB Financial Services IPO Day 1 Subscription Status
[25-June-2025 5:00:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
0.01 |
|
Non-Institutional Investors |
0.76 |
|
Retail Individual Investors(RIIs) |
0.30 |
|
Employees |
1.76 |
|
Shareholders |
0.69 |
|
Total |
0.37 |
Also Raed : HDB Financial Services IPO Day 1 Subscription Status
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to augment the company’s Tier–I Capital Base to meet future capital requirements and support its expansion initiatives.
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HDB Financial Services IPO GMP Details
As of 25 June 2025, HDB Financial Services IPO’s GMP stood at ₹74. The estimated listing price is ₹814, i.e., a 10% gain per share over the upper price band.
Source: Business Standard Report dated 25 June, 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
HDB Financial Services Business Overview
HDB Financial Services is a leading Non-Banking Financial Company (NBFC) that offers enterprise lending (secured and unsecured loans primarily to MSMEs), asset finance (secured loans for purchase of new and used commercial vehicles), consumer finance (secured and unsecured loans for purchase of two-wheelers, automobiles and other unsecured personal loans.), and business process outsourcing (“BPO”) services.
As of March 31st, 2024, the company is one the seventh largest leading, diversified retail-focused NBFC in India [in terms of the size of Total Gross Loan book at ₹902.2 billion].
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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